No Fee Overdraft up to $50

Avoid overdraft fees with a secure online checking account.

Overdraft fees are wrong

No Fee Overdraft gives you the flexibility to overdraw your account up to $50 on any transaction, except ATM or Over the Counter withdrawals. There are absolutely no fees or interest charges. No Fee Overdraft is only for qualified Varo Bank Account customers.

How to qualify:

• Make at least 5 Varo Visa® Debit Card purchases in each calendar month; and

• Receive payroll or government direct deposits totaling at least $1,000 into your Varo Bank Account in each calendar month.

Once you qualify, you must enroll first by turning on No Fee Overdraft in the app. See full terms and conditions here.

Easy payback

Get the coverage you need, then repay the overdraft within 30 days from when your balance first goes negative. Repayment is automatically deducted from your next deposit.

This is breathing room for your budget

Maybe you accidentally overspent at the store, or you were in a pinch at the gas station and needed to fill your car.

An online checking account with No Fee Overdraft up to $50 gives you space in your budget when you need it.

In 2018, financial institutions made $34.5 billion on overdraft fees.1

Overdraft Fee2

Max. Overdraft
fees in 1 day

Bank of America
Wells Fargo

21,000+ 5-star App Reviews

5 stars

Who’s talking about us

media logos

No Fee Overdraft is banking that actually helps.

Apply for a Varo Bank Account today!

It won’t impact your credit score.